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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.


TSX:AOI - Post by User

Post by Lonegaurdian19on Jul 11, 2024 1:25am
321 Views
Post# 36127686

Promises

PromisesHopefully they can tug a few sleeves and get the Equatorial Guinea done. If I recall they extended the data room to February due to "overwhelming interest" lol. They need to add that to the checklist they love to check off on the ole corporate presentation. They let AE fail which is fine, Total wanted out but their new checklist needs to be updated. The time of changing things has worked out time to see what the no longer new CEO has planned and must be held accountable for.
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